Those wishing to
buy an apartment in Dubai will find a wide variety of new options. 15,000 new apartments were commissioned in Dubai in the first half of this year.
In total, 20,000 residential properties have been commissioned in Dubai since the beginning of 2019. In addition to 15,000 apartments,
Dubai real estate market has 1,084 serviced apartments and 4,895 villas and townhouses. An additional 38,426 residential units across 152 projects are expected to be commissioned by the end of the year, estimated at 85 percent completion to date.
The commissioning of a new
housing in Dubai provoked a further price correction. Pricing policy becomes more flexible, and offers become more accessible for both tenants and investors.
Among the most significant projects completed are DT1 in Downtown Dubai with 130 apartments, 44 Al Sarfa villas in Al Sufouh, 512 villas in Sidra Community and 1312 villas in Dubai Hills Estate. . New properties have also emerged in Mohammed Bin Rashid City (48 villas) and Vida Hills (426 apartments).
